Wednesday, September 27, 2006

Wal-Mart confirmed that it will drop traditional plans for new hires beginning Jan. 1. Those plans offer annual deductibles as low as $350 for a yearly premium of $1,043 for single-person coverage.

I have no idea what kind of benefits are offered after the deductible but the price is right.

New hires from next year will only be able to sign up for one of two plans that have premiums as low as $11 a month but annual deductibles starting at $1,000 for most medical expenses as well as separate deductibles for special events, like outpatient treatment, and for prescriptions.

Wal-Mart confirmed that it will drop traditional plans for new hires beginning Jan. 1. Those plans offer annual deductibles as low as $350 for a yearly premium of $1,043 for single-person coverage.

I have no idea what kind of benefits are offered after the deductible but the price is right.

New hires from next year will only be able to sign up for one of two plans that have premiums as low as $11 a month but annual deductibles starting at $1,000 for most medical expenses as well as separate deductibles for special events, like outpatient treatment, and for prescriptions.